factual

What fee do Dryject franchisees incur for payments made by credit card?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

Name of Fee Amount Due Date Remarks
Royalty Service Fee The greater of: 8% of On the 15th day of the Minimum is only
Gross Revenues or, for following month by waived for the first
the first partial automatic debit/EFT or three months after
calendar year: $450 per month after 3 months; the second full calendar year: $900 per month; the third full calendar year: $1,300 per month; the fourth full calendar year and forward: $1,450 per month otherwise signing the Franchise Agreement. See Note 1 below
National Marketing The greater of: 2% of By the 15th day of the See Note 2 below
Fund Gross Revenue or, for months 1-3: $0 per month; months 4-12: $100 per month; months 13-24: $200 per month; months 25- 36: $300 per month; months 37 and forward: $500 per month. following month by automatic debit/EFT or otherwise
Non-Compliance Fee $100 per incident plus 1½% interest per month, or maximum allowed by law When payment is overdue See Note 3 below
Payment by Credit Amount of the credit Upon receipt of All payments made to
Card card processing fee invoice us paid by credit card will incur fee. You must reimburse us our cost related to your payments by credit cards.

Source: Item 6 — OTHER FEES (FDD pages 14–18)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, franchisees will incur a fee for payments made via credit card. Specifically, Dryject franchisees must reimburse Dryject for the cost Dryject incurs related to the franchisee's credit card payments. The exact amount of this fee will depend on the credit card processing fees at the time of the payment.

This means that if a Dryject franchisee chooses to pay any fees, such as the Royalty Service Fee or National Marketing Fund contributions, via credit card instead of Electronic Funds Transfer (EFT), they will be responsible for covering the processing fees associated with the credit card transaction. This is in addition to the actual amount of the fee being paid.

Franchisees should consider this additional cost when deciding how to make payments to Dryject. Using EFT, which Dryject requires authorization for, would avoid these additional processing fees. It is common practice for franchisors to pass along credit card processing fees to franchisees, as these fees can add up and impact the franchisor's revenue.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.